Tag Archives: Massawa Port

Transport and Logistics Challenges at the Bisha Mine Resolved: Nevsun

 With a production of 520,000 pounds of copper a day and with a capacity to move concentrates with 30 trucks a day to a port facility, Nevsun guaranteed to exceed the 2014 production guidance of 180 - 200 million pounds of coppers
With a production of 520,000 pounds of copper a day and a capacity to move concentrates with 30 trucks a day to a port facility, Nevsun guaranteed to achieve the 2014 production guidance of 180 – 200 million pounds of coppers

By TesfaNews,

THE transport and logistics challenge that was identified in early January at the Bisha mine is now resolved with the purchase of additional 45 trucks, Nevsun notified to shareholders during a Conference Call meeting conducted last week.

In the first quarter (Q1) 2014, the plant was forced to shut down for 13 – days to enable land transport supplier to catch up with production by trucking concentrates to the port of Massawa. That caused a production loss of around 6 million pounds of Copper.  Continue reading Transport and Logistics Challenges at the Bisha Mine Resolved: Nevsun

China Imports $20 million Worth of Copper from Eritrea

Concentrate Export Operation at the ore concentrate Terminal in Massawa port, Eritrea. Rotainer loading device in foreground and grey Bisha mine copper concentrate containers in background

By CapitalEritrea

PANAMA flagged cargo ship “Thor Glory” unloaded 11,450 tonnes of copper concentrate, valued at $ 20,437,700, at the Port of Nantong in the Jiangsu province of China.

The press reports state that the copper was imported from Eritrea, but do not mention the exact port of origin. The cargo was probably shipped via Dubai as it is the vessel’s closest port of call to Eritrea.  Continue reading China Imports $20 million Worth of Copper from Eritrea

Eritrea’s Free Trade Zone

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By Tourism Eritrea,

ERITREA’s future growth and prosperity is based on a market economy, which gives the private sector a leading role. It encourages private investment from both domestic and foreign investors.

In particular, the government in its newly established Free Zone in its ports and in tourism related projects. It offers significant incentives for such investors. Favorable investment policy, in particular, relates to taxes, foreign exchange regulations, labor laws, business licensing and guarantees.  Continue reading Eritrea’s Free Trade Zone

Eritrea: Steady Progress towards Better Maritime Service

As part of maximizing the capability of maritime services in the country, Eritrea dispensed more than Nakfa 1.2 billion under the first phase of ports rehabilitation and modernization program

Massawa Port. Eritrea dispensed Nakfa 1.2 billion in the first phase of port rehabilitation and modernization program

By Kesete Ghebrehiwet,

Linking different areas of Eritrea with road networks has been among the success stories which the country is to be proud of. What has been achieved in marine transportation is also not to be viewed lightly. However, unlike to the tremendous progress in land transportation there have been limitations in marine transport as the fairly good infrastructure does not yet correspond to Eritrea’s maritime endowment.  Continue reading Eritrea: Steady Progress towards Better Maritime Service

New Airline Operator, Massawa Airways, Takes Delivery of Aircrafts

Beech 1900D type aircraft

By TesfaNews,

Eritrea’s third start-up airline operator, Massawa Airways (Massawa International , MSW) recently took delivery of its first two Beech 1900Ds, N46Ar (c/n UE27) aircrafts to join its existing MA-60 and E3-AAV aircrafts that were delivered in early December last year.

The Chinese manufactured MA60 (TBD10 | E3-AAV) aircraft were handed over to Massawa Airways at a ceremony held in Xian, China, AVIC Xi’an Aircraft International Corporation (XAIC) last year.  Continue reading New Airline Operator, Massawa Airways, Takes Delivery of Aircrafts